PFLD vs. JHPI ETF Comparison

Comparison of AAM Low Duration Preferred and Income Securities ETF (PFLD) to John Hancock Preferred Income ETF (JHPI)

PFLD

AAM Low Duration Preferred and Income Securities ETF

PFLD Description

The investment seeks to track the total return performance, before fees and expenses, of the ICE 0-5 Year Duration Exchange-Listed Preferred & Hybrid Securities Index. The index measures the performance of exchange-listed, U.S. dollar-denominated preferred securities and hybrid securities listed on the New York Stock Exchange (NYSE) or NASDAQ Capital Market (NASDAQ) with an option-adjusted duration of less than 5 years. Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index.

Grade (RS Rating)

Last Trade

$21.09

Average Daily Volume

140,460

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JHPI

John Hancock Preferred Income ETF

JHPI Description

Under normal market conditions, the fund invests at least 80% of its net assets in preferred stocks and other preferred securities. Preferred stocks and preferred securities include, but are not limited to, convertible preferred securities, corporate hybrid securities, trust preferred securities, cumulative and non-cumulative preferred stock, and depositary shares of preferred stock. The adviser will concentrate its investments in the group of industries that comprise the utilities and the communication sectors.

Grade (RS Rating)

Last Trade

$22.98

Average Daily Volume

11,311

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PFLD	JHPI
30 Days	-0.05%	-0.80%
60 Days	1.05%	2.07%
90 Days	1.38%	3.66%
12 Months	9.55%	18.50%

10 Overlapping Holdings

Symbol	Grade	Weight in PFLD	Weight in JHPI	Overlap
AQNB	A	0.54%	1.09%	0.54%
CMSA	C	0.3%	0.5%	0.3%
CMSC	C	0.41%	0.35%	0.35%
CMSD	C	0.93%	1.1%	0.93%
DTW	D	0.58%	0.89%	0.58%
ESGRP	B	0.5%	0.35%	0.35%
NRUC	C	0.37%	0.19%	0.19%
QRTEP	F	0.76%	0.52%	0.52%
SREA	A	1.12%	1.18%	1.12%
UNMA	D	0.45%	0.54%	0.45%

PFLD Overweight 31 Positions Relative to JHPI

Symbol	Grade	Weight
TBB	C	1.91%
TBC	D	1.23%
AGNC	D	0.84%
PRS	C	0.84%
CHSCL	A	0.8%
CHSCM	B	0.74%
DUKB	C	0.74%
FITBI	A	0.69%
SOJC	D	0.65%
CHSCN	A	0.64%
RZB	C	0.6%
AGNCN	A	0.5%
MGR	C	0.45%
WTFCP	A	0.43%
GPJA	D	0.39%
DDT	A	0.31%
FCNCO	C	0.29%
SLMBP	D	0.28%
TVE	C	0.28%
NYMTM	A	0.27%
AFGD	C	0.22%
NYMTN	A	0.21%
WTFCM	A	0.19%
NYMTL	A	0.18%
AFGB	C	0.18%
VLYPP	B	0.17%
BPOPM	A	0.16%
ENO	C	0.16%
VLYPO	C	0.15%
RILYN	B	0.13%
FATBP	F	0.11%

PFLD Underweight 5 Positions Relative to JHPI

Symbol	Grade	Weight
RZC	A	-1.29%
NEE	D	-0.5%
AFGC	C	-0.49%
UZE	B	-0.37%
SOJD	D	-0.2%